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Established Florist - Littleborough For Sale

Littleborough, Greater Manchester, UK
Asking Price:
£34,950 Furniture / Fixtures included
Turnover:
£150,953
Net Profit:
Available on request

Prominent Village Location
Accounts Available Year End 31st October 2021
Annual Turnover £150,953
Gross Profit £21,454
Accounts Available After Viewing
Long Established
Fully Equipped
Well Presented
Strong Social Media Following
Heavy Footfall Area
Scope For Delivery Partnerships
Potential For Strong Marketing Drive
EPC - C

REF 7768 – Leasehold Established Florist

Blacks Brokers are pleased to bring to the market this leasehold established florist located in Littleborough, Greater Manchester.

INTRODUCTION

Flowerbomb was established in this busy area of Littleborough almost thirty years ago and our client took ownership in 2015. The business has become very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google and Facebook. Flowerbomb has a website in place and a good social media following.

LOCATION

Flowerbomb occupies a high street trading position within a parade of shops and offices. The area is densely populated commercially with neighbouring businesses including independent retailers well as large multiples such as The Post Office, RSPCA and Sainsbury’s Local. There are also a number of car parks and other local amenities nearby including schools and restaurants. The area is well linked by the A58 with very strong public transport links and parking is available in the immediate area.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s other business interests being higher than anticipated, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a rolling monthly agreement which runs at a cost of only £127 per week.

STAFF

The business operates with two members of staff in employment supporting our client working on a full time basis.

FINANCIAL DETAILS

Flowerbomb has traded solidly since opening and our client has established a strong repeat customer base. The accounts year end 31st October 2021 show that the business has an annual turnover of £150,953 and a gross profit of £21,454. Full financial information is available upon request.

BUSINESS RATES

Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This long established business occupies an enviable trading position in a sought after area of Littleborough. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of a strong marketing drive and further delivery partnerships with large floral companies. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Property Information

Property:

Leasehold

Business Operation

Trading hours:

MON: CLOSED
TUE - FRI: 09:00 - 16:30
SAT: 09:00 - 13:00

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